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Returns to on-the-job search and the dispersion of wages

Gottfries, Axel; Teulings, Coen N. - 2016

A wide class of models with On-the-Job Search (OJS) predicts that workers gradually select into better-paying jobs, until lay-off occurs, when this selection process starts over from scratch. We develop a simple methodology to test these predictions. Our inference uses two sources of...

Persistent link: https://www.econbiz.de/10011540616

Labor market matching under imperfect information

Willems, Tim - 2011

Recent research has shown that the standard labor matching model hasdifficulties in reproducing the co …), shocks are propagated. Under this specificationthe standard matching model even manages to make recoveries initially jobless …

Persistent link: https://www.econbiz.de/10011382000

Sorting and the output loss due to search frictions

Gautier, Pieter; Teulings, Coen N. - 2012

We analyze a general search model with on-the-job search and sorting of heterogeneous workers into heterogeneous jobs. This model yields a simple relationshipbetween (i) the unemployment rate, (ii) the value of non-market time, and (iii) themax-mean wage differential. The latter measure of wage...

Persistent link: https://www.econbiz.de/10011382706

International assortative matchingin the European labor market

Peeters, Thomas; Ours, Jan C. van - 2022

We investigate whether national borders within Europe hinder the assortative matching of workers to firms in a high … productivity estimates and study the ensuing rank correlation to gauge the degree of assortative matching within and across … countries. We find strong evidence for positive assortative matching at the national level, and even more so at the …

Persistent link: https://www.econbiz.de/10013359032

Does the labour market value field of study specific knowledge? : an alignment score based approach

Manuel, Nick - In: Economics of education review 101 (2024), pp. 1-20

Persistent link: https://www.econbiz.de/10015064196

Dual track or academic route for auditors

Jonker, Nicole; Ophem, Hans van; Hartog, Joop - 2002

In the Netherlands auditors can be trained in a part-time educational track in which students combine working and studying or in a full-time educational track. The former training is relatively firm-specific whereas the latter training is relatively general. Applying human capital theory, we...

Persistent link: https://www.econbiz.de/10011327827

The inefficient advantage of experience in the market for football managers

Peeters, Thomas; Szymanski, Stefan; Terviö, Marko - 2017

We study hiring in a labor market where worker ability can only be observed on-the-job, but quickly becomes public information after labor market entry. We show that firms in these markets have a socially inefficient incentive to hire low talented, experienced workers instead of more promising...

Persistent link: https://www.econbiz.de/10011772903

A nonparametric method for predicting survival probabilities

Klaauw, Bas van der; Vriend, Sandra - 2015

Public programs often use statistical profiling to assess the risk that applicants will become long-term dependent on the program. The literature uses linear probability models and (Cox) proportional hazard models to predict duration outcomes. These either focus on one threshold duration or...

Persistent link: https://www.econbiz.de/10011391532

Equilibrium directed search with multiple applications

Albrecht, James W.; Gautier, Pieter; Vroman, Susan B. - 2005

We analyse a model of equilibrium directed search in a large labour market. Each worker, observing the wages posted at all vacancies, makes a fixed, finite number of applications, a. We allow for the possibility of ex post competition should more than one vacancy want to hire the same worker....

Persistent link: https://www.econbiz.de/10011332815

Matching with multiple applications

Albrecht, James W.; Gautier, Pieter; Vroman, Susan B. - 2001

We analyze the implications of multiple applications by job seekers for the microfoundations of the matching function …

Persistent link: https://www.econbiz.de/10011317448

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